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The Global History of Entrepreneurial Innovation

Mark Marich on March 24, 2010 Source: Policy Dialogue on Entrepreneurship

A new book published by Princeton University Press, The Invention of Enterprise, offers the most comprehensive history of entrepreneurship ever compiled—from Ancient Mesopotamia to modern times.

Edited by economists David S. Landes, Joel Mokyr and William J. Baumol, The Invention of Enterprise gathers together, for the first time, leading economic historians to explore the entrepreneur's role in society from antiquity to the present. Addressing social and institutional influences from a historical context, each chapter examines entrepreneurship during a particular period and in an important geographic location (e.g., Neo-Babylon, the Islamic Middle East, China, Japan, Colonial India, Europe, etc.).

In their analysis of the critical contributions of entrepreneurship, the authors discuss why entrepreneurial activities are not always productive and may even sabotage prosperity. They examine the institutions and restrictions that have enabled or impeded innovation, and the incentives for the adoption and dissemination of inventions. In addition, they offer a description of the wide variations in global entrepreneurial activity during different historical periods and the similarities in development, as well as entrepreneurship's role in economic growth. The book's past examples and events provide lessons for promoting and successfully pursuing contemporary entrepreneurship as a means of contributing to the welfare of society.

The Invention of Enterprise is the latest book from the Kauffman Series on Innovation and Entrepreneurship. For more information on how to obtain a copy and on other books in the series, click here.

Category:  General  Tags:  history

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